Category: Applied and Practice

Minority entrepreneurs often face greater obstacles in capital, networks, education and markets. Stronger support systems can help close those gaps. Entrepreneurs and their ventures have a huge Read more

Why Family Business Successors Are Starting Their Own Companies First

Many next-generation family members launch startups to gain independence, credibility and skills before deciding whether to join the family business. Family businesses are the backbone of many Read more

Successful entrepreneurs can influence future generations through mentoring, philanthropy, institution building and stories that become part of a region’s collective memory. Entrepreneurship Read more

Why Family Businesses Need Both Accountability and Collaboration

Strong family firms hold employees accountable while preserving trust, harmony and flexibility. Combining both approaches can improve employee effort and performance. Family businesses have unique Read more

Margins, volumes, operating leverage and revenue drivers determine whether a venture can make money. This framework helps founders diagnose weaknesses before they become costly. Entrepreneurs usually Read more

Burn rate and Time-to-Cliff show how quickly cash is disappearing and how much time a venture has before it needs more money. The timing of external funding for a new venture can have dramatic impact Read more

Prestigious VCs can offer networks, referrals, management advice and credibility that founders may value more than a higher valuation alone. New venture capital firms must make a variety of strategic Read more

Diverse teams perform better in competitive markets, while technically focused teams can excel when innovation and cooperation with incumbents matter most. Entrepreneurs who want to turn a great idea Read more

How the Fredo Effect Can Damage a Family Business

The Fredo Effect occurs when an unqualified or disruptive relative keeps a job because of family ties, hurting coworkers, relationships and business performance. The Corleones of "Godfather" fame are Read more

Science parks can certify promising ventures, build missing business capabilities and help governments decide which entrepreneurs deserve support. Unlike the US, most developing countries lack the Read more